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Morning Recap: The Bank of New York Mellon Corporation (BK)

Today’s top gainers include the company The Bank of New York Mellon Corporation (NYSE:BK) which is in the industry Asset Management, gaining 0.22% today. In the last week its performance is 0.99%, and 4.13% for the past quarter. Currently, The Bank of New York Mellon Corporation, BK has a target price of 51.89, so today’s gain of 0.22% is a significant step towards its target price. The GAP today is therefore 0.08%.

The Bank of New York Mellon Corporation (NYSE:BK), has a market cap of 51.76 B, and is based in USA. Insider ownership is at 0.20%, and institutional ownership is 84.50%.

At the current price of 49.89, it has a dividend yield of 1.52%, and its target price is 51.89. This is with a profit margin of 94.40%, and total debt/equity of 0.74. The Bank of New York Mellon Corporation (NYSE:BK) has a P/E of 15.38, as well as a forward P/E of 12.79.

With a current EPS of 3.24, and a forecasted EPS growth for next year at 11.26%,The Bank of New York Mellon Corporation (NYSE:BK) has had a EPS growth for the past five years at 9.20%. For the next five years EPS growth is projected to be 10.51%.

Performance for the year is 24.23%. Since its IPO date on 05/03/1973, the total performance to date is 5.30%.

Volume today for The Bank of New York Mellon Corporation (NYSE:BK), is 5546209, while its average volume is 4795.92. Whilst the total gain today was 0.22%, it did have a day high of -0.06%.

Volatility for this week has been at 1.14%, and 1.22% for the month. The 52-week low for The Bank of New York Mellon Corporation, BK has been 39.67%, while the 52-week-high has reached -0.06%.

Looking at its return of investments, which is 3.30%, and its return on assets is 1.00%. The Bank of New York Mellon Corporation (NYSE:BK) has an operating margin of 87.30%. With a sales growth of 8.70% quarter over quarter. Bearing in mind that The Bank of New York Mellon Corporation, BK is in the sector Financial, its long-term debt/equity is 0.74, and has a current ratio of *TBA and *TBA for quick ratio.

So what is the value of The Bank of New York Mellon Corporation? Well its PEG is 1.46, and the P/S is 14.17, along with a P/B of 1.46. Meanwhile it has a p/cash of 0.44.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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